POWERED BY MOMENTUM MEDIA
Women comprise 42% of HESTA’s investment team
The $74 billion super fund’s 2022 progress report reveals women are occupying a greater number of senior investment management roles at firms that HESTA works with, in line with its own internal targets.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
New proposal to ‘ring-fence’ super towards aged care
A national industry association has called for changes to the superannuation system, proposing a portion of these retirement savings be directed towards funding the individual’s aged care.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
New portfolio strategies lead at Cbus
The $85 billion fund has appointed Leigh Gavin, former head of investment model design at AustralianSuper, to lead its portfolio strategies.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
KPMG proposes measure to improve super gender gap
With less than 10 per cent of Carer Payment recipients accumulating super while performing unpaid caring work, KPMG has proposed super guarantee contributions on these payments could boost retirement balances by $123k.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Super funds urged to hire cyber literate board members
The superannuation sector is not exempt from the risks that arise from emerging technology, according to experts, who urge funds to raise the bar on cyber security and literacy.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
ASIC reveals H1 super enforcement stats
ASIC has revealed the number of its enforcement outcomes that related to superannuation misconduct in the first half of 2023, including its first interim stop orders.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Super SA CEO steps down
Super SA chief executive, Dascia Bennett, has stepped from the role after five years at the $36 billion public sector fund, during which time the fund navigated an ICAC evaluation.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Future Fund appoints new CIO
The $250bn Future Fund has appointed a chief investment officer, over a year after the departure of previous CIO Sue Brake last June.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
MLC Life Insurance urges inclusion of insurers to provide advice
MLC Life Insurance believes life insurers should be able to provide advice under the Quality of Advice Review in the same way as superannuation funds.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
HESTA reaches 10% internalisation
HESTA has progressed its move to internalisation with 10 per cent of the fund managed internally across Australian equities, cash, and Australian fixed income.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
